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    Property profile & analytics

    200 Dickman Rd Des Moines, IA 50315-6262

    • Apartment buildings
    • 21,648 SF
    • 10.32 lot acres
    OFF-MARKET
    Value Estimation
    $24,780,000
    Last Sale
    Feb 22, 2024
    $24,725,000
    Location Intelligence
    Property ID
    US25-0289959
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Inspired Dreamer LLC / Artist

    Property Details for 200 Dickman Rd

    Year built
    1977
    Construction
    FRAME
    Lot size
    10.32 lot acres
    Property size
    21,648 SF
    Zone code
    C-2
    Property type
    Apartment buildings
    APN
    120/07332-001-008
    APU
    12007332001008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $24,725,000

    • CAP approach

      CAP return
      Estimation
      6%
      $25,390,000
      6.5%
      $23,440,000
      7%
      $22,840,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $25,545,000
      Geo Method
      $26,560,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $22,725,000
      Retail
      $21,740,000
      Mixed-Use
      $26,980,000
      Hospitality
      $25,320,000
      Educational
      $23,480,000
      Residential Income
      $23,070,000
      Energy
      $22,195,000
      Income-Based Land
      $27,960,000
      Food Service
      $22,285,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6187
    Latitude
    41.5239
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $217,334
    $1,180,000
    $7,120,000
    $8,300,000
    -
    $1,180,000
    $7,120,000
    $8,300,000

    Comparable in this City

    • Value Estimation by Request
      17,241 SF

      29 Mckinley Ave

      APARTMENT HOUSE (5+ UNITS) • 17,241 SF
      29 Mckinley Ave, Des Moines, IA 50315-4173
      View Details
    • Value Estimation by Request
      18,576 SF

      100 Mckinley Ave

      APARTMENT HOUSE (5+ UNITS) • 18,576 SF
      100 Mckinley Ave, Des Moines, IA 50315-4174
      View Details
    • Value Estimation
      $1,840,000
      11,656 SF

      920 Mdw Ln

      APARTMENT HOUSE (5+ UNITS) • 11,656 SF
      920 Mdw Ln, Des Moines, IA 50315-6666
      View Details
    • Value Estimation
      $25,345,000
      21,648 SF

      200 Dickman Rd

      APARTMENT HOUSE (5+ UNITS) • 21,648 SF
      200 Dickman Rd, Des Moines, IA 50315-6262
      View Details
    • Value Estimation
      $7,025,000
      12,896 SF

      1204 Hartford Ave

      APARTMENT HOUSE (5+ UNITS) • 12,896 SF
      1204 Hartford Ave, Des Moines, IA 50315-1461
      View Details
    • Value Estimation
      $24,765,000
      24,492 SF

      7201 5th St

      APARTMENT HOUSE (5+ UNITS) • 24,492 SF
      7201 5th St, Des Moines, IA 50315-6400
      View Details

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    Similar Nearby for Lease

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      Equipped restaurant/retail space with high visibility, convenient location.
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      View Details
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    Des Moines, IA 50315-6262
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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